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Carney touts 'substantial progress' after Trump delays tariffs for three days

The pause buys 72 hours for negotiations as Canada seeks relief from sector-specific U.S. tariffs on steel, aluminum, lumber and autos.

  • On Tuesday, President Donald Trump announced a three-day delay on planned 50% tariffs against Canada, citing a tentative deal between the two nations.
  • President Trump originally announced the 50% tariffs in July under Section 338 of the Tariff Act of 1930, claiming the levies would level the playing field for American exports like cars, alcohol, and dairy.
  • Roughly $28 billion worth of Canadian imports would have been targeted by the 50% levies, intensifying a tit-for-tat trade battle between the United States and Canada that has persisted since last year.
  • Canadian Prime Minister Mark Carney stated that substantial progress has been made, although important work remains; The United States Trade Representative noted the deal includes comprehensive market access for American goods and digital trade alignment.
  • The United States agreed to postpone the 50% tariffs until end of day, August 21st, as both nations continue intensive discussions to address outstanding trade issues and deliver greater certainty for Canadian businesses and workers.
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52 Articles

Lean Right

The tariffs were supposed to affect 5% of Canadian exports to the United States. Carney: "C" is still a lot to do.

·Milan, Italy
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Lean Left

Despite the three-day suspension of U.S. tariffs, Prime Minister Fréchette states that it is too early to position herself on the state of the discussions.

·Montreal, Canada
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Loonie Politics broke the news on Tuesday, August 18, 2026.
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